Wednesday, July 01, 2009

Earn It

In a post titled Civil Frights, Scooter Oi comments on the State’s forcing financial institutions to lend.

I’m trying to figure out when credit became a civil right.

I was taught that credit was something that one acquired after years of hard work, saving money and being financially responsible. When you had accomplished all that to the satisfaction of a bank, they would give you a credit card. If you didn’t screw that up after a while, them might give you a car loan. If you paid that off in good order, you might be able to qualify for a loan for a house…

Getting a loan for something you can’t afford is not a right...

Posted by John Venlet on 07/01 at 07:15 AM
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